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remember back on election night the president talked about looking forward to sitting down with governor romney to talk about ways to move the country forward. this after a very tough campaign where either during the debates or out there on the campaign trail each of the candidates have had very strong words about each other's vision for the country. the president was asked about when he would be meeting with mitt romney during his news conference following the election. he said that he looked forward to sitting down and meeting with him, said there are some good ideas, some things of his record that he would like to talk to him about. when he was pressed on that the president said that he thought that mitt romney did a good job in turning the olympics around and he thought that could apply to the federal government to make it more efficient, to make it more customer friendly. people friendly. and so we expect that some of that will be part of the discussions when the president sits down with mitt romney here at the white house tomorrow. i think the timing of this is also quite interesti
remember back on election night the president talked about looking forward to sitting down with governor romney to talk about ways to move the country forward. this after a very tough campaign where either during the debates or out there on the campaign trail each of the candidates have had very strong words about each other's vision for the country. the president was asked about when he would be meeting with mitt romney during his news conference following the election. he said that he looked...
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we've got a house election in two years -- less than two years. >> although, i don't think this is about electoral politics right now. this is about -- this is about dollars and cents for specific interest groups, constituents, supporters of these politicians and their ideological views. so, look, it's not easy to do. and i believe at the end they'll do it, but this is part of the dance, you know, before it gets super intense. >> and you know what else it is? it's sausage being made and it's ugly to watch. but then -- and then i think about closing loopholes. and name your loophole, and i can give you a two-year argument. mortgage. oh, it's going to kill the housing industry, charity, we can talk for two years, what will it do to charity? >> universities and -- yes. >> you name any sacred cow. that's why it's sacred, it's a sacred cow. >> state and local tax deductions, oh, my god, what's that going to do to new york? >> is it easier to do the cap and that gives you the nebulous, well, we're not hurting anyone -- >> yes. >> would that work? >> yes. i mean, a lot of tax policy experts lik
we've got a house election in two years -- less than two years. >> although, i don't think this is about electoral politics right now. this is about -- this is about dollars and cents for specific interest groups, constituents, supporters of these politicians and their ideological views. so, look, it's not easy to do. and i believe at the end they'll do it, but this is part of the dance, you know, before it gets super intense. >> and you know what else it is? it's sausage being made...
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instid of members that we elect to congress to get things done for us. they can't sit in the room for a photoop and now back out on the campaign trial and people making youtube videos about what they think about the fiscal cliff. that's what the administration is asking people to do to convince members of congress to vote. what about saving that time and actually doing the job we elected you to do to sit in the room and get something done. >> steve: according to the president's side. he learned a valuable lesson in the summer of 2011 when they tried to get a grand bargain with john boehner. he will negotiate with the congress. we'll go out campaign style. it never ends . gretch mentioned twitter, they have launchhed a hash tag my 2 k to get people to explain how it impacts them. it is turning out to be a dud. >> brian: two things to be noted. dick durbin gave the encouraging quote. everything should be on the table. we have to get ourselves out of i had to read it three times because he is number two ranking democrat. and i read behind the scenes, it is
instid of members that we elect to congress to get things done for us. they can't sit in the room for a photoop and now back out on the campaign trial and people making youtube videos about what they think about the fiscal cliff. that's what the administration is asking people to do to convince members of congress to vote. what about saving that time and actually doing the job we elected you to do to sit in the room and get something done. >> steve: according to the president's side. he...
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the argument you hear from many democrats even harry reid today, ying that elections have consequences, and this one americans voted for this. yoyou can. i don't know they voted on more spending. >> there is some truth to what you say. >> a lot. >> all truth. neil: a little. >> we're in the pregehmannal sis, thi -- we in the pregame analysis, does everyone believe we're getting threw this without any spending cuts, of course, not, here is what is going on happen decemr 31 we take steps to resolve some tax issues, it will have a lot to did with how we approach taxes next year, you will seeesome discussion, on cutting some spending but is that going to be carried over? neil: here is what i'm worried about. my point is -- >> you and i will remember this you were not even born. >> 92 neier was i then. neil: you are right. >> he was responsible. neil: idea was, i will raise taxes if you guise come back with spending cuts, he raised taxes, they did notome back with spending cuts. are republicans risking going down the same politically disastrous road. >> we have to cut a lot. there is so muc
the argument you hear from many democrats even harry reid today, ying that elections have consequences, and this one americans voted for this. yoyou can. i don't know they voted on more spending. >> there is some truth to what you say. >> a lot. >> all truth. neil: a little. >> we're in the pregehmannal sis, thi -- we in the pregame analysis, does everyone believe we're getting threw this without any spending cuts, of course, not, here is what is going on happen decemr...
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this president was democratically elected by 52% of the vote. so hh does have some legitimacy. he still has some popular support. we're likely to see the muslim brotherhood come out in force on saturday. we haven't seen them come out and test his popular appeal. the president has not made any moves towards compromise. he appears to be just waiting it out hoping these demonstrators will go home. on the other side opposition leaders say they won't talk to the president, no negotiation until he has a total backdown. they want him to completely withdraw his decree before there are any talks. so right now chance of compromise looks slim while both sides continue to marshal their forces on the streets. melissa. back to you. report.: thanks for that word is that the islamic president morsi will addressee egypt tomorrow on his latest decree. protests in the egyptian constitution. i'm joined by peter brookes, former assistant defense secretary under president george w. bush. now senior fellow with the heritage foundation. thanks so much for joining us. >> good to be with you. melissa: l
this president was democratically elected by 52% of the vote. so hh does have some legitimacy. he still has some popular support. we're likely to see the muslim brotherhood come out in force on saturday. we haven't seen them come out and test his popular appeal. the president has not made any moves towards compromise. he appears to be just waiting it out hoping these demonstrators will go home. on the other side opposition leaders say they won't talk to the president, no negotiation until he...
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>> that's what washington leaders are elected to do, to lead and govern. i think that's why the private sector is speaking out this way, because this is an issue that we have to educate the public, and we have to press our leaders to address. >> we had a representative on yesterday, democratic representative. he didn't even want to talk about means testing medicare or social security. very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person, and you tell them, guess what, you're going to have to pay more for your health care, that would be like raising their taxes, right? and it would help reduce the problem. but they don't want to talk about that. >> the easiest solution's in front of us. i'm not the expert on medicare or social security. means testing and raising age limits seem to me to be pretty practical solutions as part of the solution, not the total solution, to reducing entitlement spending. >> if you were this the white house today with with the president as many of the nation's leading ceos are, what wou
>> that's what washington leaders are elected to do, to lead and govern. i think that's why the private sector is speaking out this way, because this is an issue that we have to educate the public, and we have to press our leaders to address. >> we had a representative on yesterday, democratic representative. he didn't even want to talk about means testing medicare or social security. very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person,...
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gerri: what about corker and grahm and all these people in washington, elected representatives now saying, you know, i'm rethinking whether there should be a no tax pledge. >> true. that's on the senate side. on the house side, revenue was on the table a long time ago, as in last summer of 2011 and said if we reform the tax code, clear junk deductions out that for the upper brackets, there's more revenue and simplifies the system, and at its best, the tax code is designed to be as simple as possible which is a mess right now, and if you clear that out, people going back to making profit. when i was growing up, profit was a six-letter word, but now it's a four-letter word, and if you make a profit, people want to punish you. gerri: if it was simple, people wouldn't know what to do. >> i do, i understand, but that's the way we get taxes in is that people make more profit, then we have more tax revenue. gerri: what about what bowles had to say in i want you to listen to him. >> okay. >> i'm not encouraged or discouragedded. i'm really worried that we have a real probability we could go over
gerri: what about corker and grahm and all these people in washington, elected representatives now saying, you know, i'm rethinking whether there should be a no tax pledge. >> true. that's on the senate side. on the house side, revenue was on the table a long time ago, as in last summer of 2011 and said if we reform the tax code, clear junk deductions out that for the upper brackets, there's more revenue and simplifies the system, and at its best, the tax code is designed to be as simple...
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of course, there's still one major obstacle, making sure those voters are still alive for the election. [ laughter ] it's very tricky. [ cheers and applause ] it's very tricky to do that. and this wasn't good. during the debate last night, moderator bob schieffer mistakenly referred to osama bin laden as obama bin laden. [ cheers ] [ laughter ] everyone at cbs news was really embarrassed, while fox news was like, "we'll take him. that guy's great." [ laughter ] this is interesting. a new report found that boys in the united states are starting to hit puberty two years earlier than doctors previously thought. i can believe it. i mean, did you see obama talking to mitt romney's grandsons last night? look at this video. >> that was great, barry. wow. >> thank you very much. >> jimmy: interesting. [ laughter ] i heard -- puberty's happening early. >> steve: wow. >> jimmy: here's some international news. just two days after election day in the u.s., china will inaugurate xi jinping, its first new president in ten years. the new president said the job would be really hard. that's what xi jin
of course, there's still one major obstacle, making sure those voters are still alive for the election. [ laughter ] it's very tricky. [ cheers and applause ] it's very tricky to do that. and this wasn't good. during the debate last night, moderator bob schieffer mistakenly referred to osama bin laden as obama bin laden. [ cheers ] [ laughter ] everyone at cbs news was really embarrassed, while fox news was like, "we'll take him. that guy's great." [ laughter ] this is interesting. a...
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Nov 28, 2012
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>> look, i have voted for all of the above and i did it when i was running for re-election. it wasn't a political thing with me. i believe deeply that we got to get the country back on track. we're borrowing 31 cents of every dollar that we spend. clearly that's not sustainable. we know that our debt is now over 100% of our gross domestic product and headed higher. so we know steps have to be taken. the fastest growing part of federal spending are the health care accounts. we're spending 1 in every $6 in this economy on health care. >> the specific way to cut that, what is it? >> my number one recommendation -- >> yeah. >> -- would be better coordination of care for the chronically ill. 5% of medicare beneficiaries -- 5% -- use 50% of the money. >> mostly end of life care. right. >> a lot of it end of life care but a lot of it is not end of life care. it is for the chronically ill. people with multiple serious conditions. we do a very poor job of coordinating the care for those people. as a result, a lot of money is wasted. >> one final question quickly on farm subsidies. wh
>> look, i have voted for all of the above and i did it when i was running for re-election. it wasn't a political thing with me. i believe deeply that we got to get the country back on track. we're borrowing 31 cents of every dollar that we spend. clearly that's not sustainable. we know that our debt is now over 100% of our gross domestic product and headed higher. so we know steps have to be taken. the fastest growing part of federal spending are the health care accounts. we're spending...
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they won the election, but the opposition still fighting. so now showdown between the white house and house republicans over the president's choices for his cabinet. catherine herridge live in the dc news room. it sounded like they were ready to dial this back. but they've dialed it up instead. >> they have. within the last hour, this from the three senators disputing white house claims that statements about benghazi are a closed matter, that there are no unanswered questions. the senators saying this morning the acting c.i.a. director morell told them the al-qaeda references were dropped in the c.i.a. talking points at the request of the f.b.i. because the bureau did not want to compromise an ongoing criminal investigation. but late this afternoon, c.i.a. officials called to correct the record, that it was actually them. rice met with senator joe lieberman who asked if she was coached by the add f before her talk hoe appearances. >> she said no, she was not given messaging points at all by the white house prior to her appearance on those so
they won the election, but the opposition still fighting. so now showdown between the white house and house republicans over the president's choices for his cabinet. catherine herridge live in the dc news room. it sounded like they were ready to dial this back. but they've dialed it up instead. >> they have. within the last hour, this from the three senators disputing white house claims that statements about benghazi are a closed matter, that there are no unanswered questions. the...
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their first sit down since the election november 6. tonight's record-breaking powerball jackpot is now up to $550 million. people lining up across the country for their chance to hit it big. if you think you're going to become an instant millionaire, here's a sobering stat. the odds are one in 175 million. those are your headlines. back to you. lori: thank you. melissa: are you sharing your lottery winnings with me? lori: yesterray i was on the fence, but i've decided i should be generous. melissa: in the summer knight capital was fighting for it survival after aaron's trading wiped out money from the balance sheet. but they find themselves in the middle of a bidding war as high frequency trading outfit tries to outbid their arrival. who has the advantage? which has the advantage. >> we report, you decide. i will lay ouu a couple of things. convincing the board to accept an all cash. from $3 plus. we don't know what the plus is, that could be a big thing. they're looking to do this by telling the board members, who actually like the ce
their first sit down since the election november 6. tonight's record-breaking powerball jackpot is now up to $550 million. people lining up across the country for their chance to hit it big. if you think you're going to become an instant millionaire, here's a sobering stat. the odds are one in 175 million. those are your headlines. back to you. lori: thank you. melissa: are you sharing your lottery winnings with me? lori: yesterray i was on the fence, but i've decided i should be generous....
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because she played what was essentially a political role at the height of a contentious presidential election. so there you have it. >> dana, real quickly here, what does she want to know from ambassador rice? is there something specific that she didn't get, part of an explanation that she needs to know he in order to resolve this? >> reporter: well, she has lots of questions but she did introduce a new wrinkle into the whole question about susan rice's qualifications or experience, probably the better way to put it, and that wrinkle is that back in 1998, the bombings of the u.s. embassies across africa, susan rice at the time was assistant secretary of state for africa. so what senator collins said she was asking was whether or not she was part of the team that denied those embassies who apparently were begging at the time for more security, deny them more security. what senator collins said is that ambassador rice said she would have to refresh her memory, it was a lot of years ago, her role in that process. that's a new wrinkle here. we've heard a lot about benghazi and the current history
because she played what was essentially a political role at the height of a contentious presidential election. so there you have it. >> dana, real quickly here, what does she want to know from ambassador rice? is there something specific that she didn't get, part of an explanation that she needs to know he in order to resolve this? >> reporter: well, she has lots of questions but she did introduce a new wrinkle into the whole question about susan rice's qualifications or experience,...
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and we are currently -- currently electing the pool captain and the potential money manager. we're all discussing who will one the cameras in the next few days. >> the jackpot's been rolling over since october 6th. so it's rolled over 16 times. there's only a 5% chance it's going to roll over again. you want to buy your ticket. >> alison kosik, thank you so much. we talk about this a lot. we make a lot of fun about all the frenzy over the lottery. but seriously, we spend more time worrying about the lottery than we do about saving for college! >> i made friends with this guy barry on facebook, he said he would retries my foot steps for the last 40 years and help everyone who helped me through so many problems. i want to meet you, barry. now to the fiscal cliffhanger. just 34 days before massive tax hikes and spending cuts kick in and democrats and republicans look like they are gridlocked. the sticking point, entitlement reform. republicans appear willing to budge on higher taxes for the wealthy, but only if programs like social security, medicare, and medicaid face cuts. >>
and we are currently -- currently electing the pool captain and the potential money manager. we're all discussing who will one the cameras in the next few days. >> the jackpot's been rolling over since october 6th. so it's rolled over 16 times. there's only a 5% chance it's going to roll over again. you want to buy your ticket. >> alison kosik, thank you so much. we talk about this a lot. we make a lot of fun about all the frenzy over the lottery. but seriously, we spend more time...
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he's the first freely elected president taking office after a popular revolution removed hosni mubarak from power last year. >>> a new analysis from "consumer reports" finds a majority of pork for sale in the grocery stores contains high levels of a dangerous bacteria. the magazine found 69% of samples contained high levels of contaminants that causes food poisoning in about 100,000 americans, many of them children, each year. and more troubling, many of the samples were antibiotic resistant. "consumer reports" found that ground pork was more likely than pork chops to contain the bacterium and reminds readers to properly cook all meat. >>> three officials have been arrested in connection with a factory fire in bangladesh that killed 112 people amid reports that workers trying to escape the flames were locked inside. meantime, records found by the associated press inside the charred factory show it produced clothing for walmart, disney, pixar, sears and other western companies. >>> a new challenge to the pentagon's ban on women serving in combat. four female service members have filed a
he's the first freely elected president taking office after a popular revolution removed hosni mubarak from power last year. >>> a new analysis from "consumer reports" finds a majority of pork for sale in the grocery stores contains high levels of a dangerous bacteria. the magazine found 69% of samples contained high levels of contaminants that causes food poisoning in about 100,000 americans, many of them children, each year. and more troubling, many of the samples were...